FCC Grants TerreStar ATC Authority
14 Enero 2010 - 7:00AM
PR Newswire (US)
License Enhances TerreStar's Next Generation Mobile Wireless
Network in US RESTON, Va., Jan. 14 /PRNewswire/ -- On January 13,
2010, the Federal Communications Commission (FCC) granted TerreStar
Networks Inc. (TerreStar), a majority-owned subsidiary of TerreStar
Corporation (NASDAQ:TSTR), authority to integrate terrestrial use
of TerreStar's 20 MHz S Band spectrum into its next generation
mobile wireless network. TerreStar plans to use this authority to
enhance coverage, capacity and throughput in its integrated mobile
satellite and terrestrial communications network that will provide
ubiquitous North American access to voice and data services through
conventional wireless devices. In granting the ATC license, the FCC
reaffirmed the value that integrated MSS/ATC networks bring by
"facilitating increased network capacity, more efficient use of
spectrum, extension of coverage for handset operation" as well as
"improved emergency communications." The FCC also granted a number
of technical waivers requested by TerreStar that will permit
TerreStar to integrate ATC capability more efficiently. "We thank
the FCC for its ongoing support as we continue to execute on the
vision of an integrated satellite and terrestrial mobile wireless
network," said Jeff Epstein, president, TerreStar. "With the
successful launch of TerreStar-1, the validation of our
revolutionary TerreStar Genus(TM) smartphone and the FCC's grant of
ATC authority, we are on track to reshape mobile communications
when we launch commercial service later this year." About TerreStar
Networks Inc. TerreStar Networks (http://www.terrestar.com/), a
majority owned subsidiary of TerreStar Corporation (NASDAQ:TSTR),
plans to offer a reliable and secure satellite terrestrial mobile
broadband network that will provide voice, data and video services
dedicated to helping solve the critical communication and business
continuity challenges faced by government, emergency responders,
enterprise businesses and rural communities. TerreStar expects to
offer next generation mobile communications through a network of
partners and service providers to users who need "anywhere"
coverage throughout the United States and Canada. Statement under
the Private Securities Litigation Reform Act: This press release
may contain forward-looking statements within the meaning of the
Private Securities Litigation Reform Act, with respect to the
strategy of TerreStar Corporation, its plans, and the transactions
described in this press release. Such statements generally include
words such as could, can, anticipate, believe, expect, seek,
pursue, proposed, potential and similar words and terms in
connection with future results. We assume no obligation to update
or supplement such forward-looking statements. For more
information, please contact: -------------------------------------
Kelly Adams, Director Marketing and Communications TerreStar
Networks Phone: +1 703-483-7966 Email: Chris Fallon Ruder Finn for
TerreStar Phone: +1 212-715-1691 Email: DATASOURCE: TerreStar
Networks Inc. CONTACT: Kelly Adams, Director Marketing and
Communications of TerreStar Networks, +1-703-483-7966, ; or Chris
Fallon of Ruder Finn, +1-212-715-1691, , for TerreStar Web Site:
http://www.terrestar.com/
Copyright
Terrestar (MM) (NASDAQ:TSTR)
Gráfica de Acción Histórica
De May 2024 a Jun 2024
Terrestar (MM) (NASDAQ:TSTR)
Gráfica de Acción Histórica
De Jun 2023 a Jun 2024
Real-Time news about Terrestar (MM) (NASDAQ): 0 recent articles
Más de Terrestar (MM) Artículos de Noticias